Vertiv Holdings Co. $VRT Shares Bought by Woodline Partners LP

Key Points

• Woodline Partners LP has significantly increased its stake in Vertiv Holdings Co., raising its holdings by 72.4% to 140,609 shares, valued at approximately $10.15 million.
• Insider transactions show that directors Jakki L. Haussler and Steven Reinemund sold shares worth over $14 million combined, indicating a decrease in their ownership positions.
• Vertiv has received varying ratings from analysts, with a consensus rating of "Moderate Buy" and an average price target of $142.00, reflecting differing views on its stock potential.

Woodline Partners LP increased its position in Vertiv Holdings Co. (NYSE:VRT - Free Report) by 72.4% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 140,609 shares of the company's stock after acquiring an additional 59,057 shares during the period. Woodline Partners LP's holdings in Vertiv were worth $10,152,000 as of its most recent SEC filing.

A number of other large investors have also recently added to or reduced their stakes in VRT. Zimmer Partners LP grew its position in shares of Vertiv by 200.0% in the first quarter. Zimmer Partners LP now owns 150,000 shares of the company's stock valued at $10,830,000 after purchasing an additional 100,000 shares during the last quarter. Empowered Funds LLC increased its position in Vertiv by 25.9% during the first quarter. Empowered Funds LLC now owns 11,557 shares of the company's stock worth $834,000 after buying an additional 2,377 shares in the last quarter. Ascent Group LLC acquired a new stake in shares of Vertiv during the first quarter valued at $616,000. Caxton Associates LLP purchased a new stake in Vertiv during the 1st quarter worth about $2,868,000. Finally, Signature Estate & Investment Advisors LLC acquired a new position in Vertiv in the 1st quarter valued at about $8,801,000. 89.92% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Vertiv news, Director Steven Reinemund sold 100,000 shares of the company's stock in a transaction dated Tuesday, August 26th. The shares were sold at an average price of $128.22, for a total value of $12,822,000.00. Following the completion of the transaction, the director directly owned 133,333 shares of the company's stock, valued at $17,095,957.26. This represents a 42.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jakki L. Haussler sold 15,680 shares of the business's stock in a transaction dated Monday, September 8th. The stock was sold at an average price of $123.92, for a total value of $1,943,065.60. Following the completion of the transaction, the director owned 4,631 shares in the company, valued at approximately $573,873.52. This trade represents a 77.20% decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 180,952 shares of company stock worth $23,360,571. 2.63% of the stock is owned by corporate insiders.

Vertiv Stock Down 0.6%

Shares of NYSE VRT traded down $0.81 on Friday, hitting $134.90. The company had a trading volume of 4,063,625 shares, compared to its average volume of 6,334,653. The company has a quick ratio of 1.35, a current ratio of 1.74 and a debt-to-equity ratio of 0.93. Vertiv Holdings Co. has a 12-month low of $53.60 and a 12-month high of $155.84. The firm has a market capitalization of $51.51 billion, a P/E ratio of 64.55, a PEG ratio of 1.20 and a beta of 1.78. The business has a 50 day moving average of $131.73 and a two-hundred day moving average of $107.66.

Vertiv (NYSE:VRT - Get Free Report) last released its quarterly earnings results on Wednesday, July 30th. The company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.83 by $0.12. Vertiv had a return on equity of 51.64% and a net margin of 8.93%.The firm had revenue of $2.64 billion during the quarter, compared to analysts' expectations of $2.36 billion. During the same quarter in the prior year, the business earned $0.67 EPS. Vertiv's quarterly revenue was up 35.1% compared to the same quarter last year. Vertiv has set its Q3 2025 guidance at 0.940-1.000 EPS. As a group, equities research analysts forecast that Vertiv Holdings Co. will post 3.59 earnings per share for the current fiscal year.

Vertiv Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Monday, September 15th will be paid a dividend of $0.0375 per share. The ex-dividend date of this dividend is Monday, September 15th. This represents a $0.15 annualized dividend and a yield of 0.1%. Vertiv's payout ratio is 7.18%.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the stock. Zacks Research raised shares of Vertiv to a "strong-buy" rating in a research report on Monday, August 11th. Mizuho lifted their target price on shares of Vertiv from $125.00 to $150.00 and gave the stock an "outperform" rating in a research note on Wednesday, July 16th. Redburn Atlantic raised Vertiv to a "hold" rating in a research note on Wednesday, August 20th. JPMorgan Chase & Co. upped their price objective on shares of Vertiv from $127.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, July 31st. Finally, Bank of America upped their price objective on Vertiv from $140.00 to $150.00 and gave the stock a "buy" rating in a report on Thursday, July 17th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $142.00.

Vertiv Profile

Vertiv Holdings Co, together with its subsidiaries, designs, manufactures, and services critical digital infrastructure technologies and life cycle services for data centers, communication networks, and commercial and industrial environments in the Americas, the Asia Pacific, Europe, the Middle East, and Africa.